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20121201
20121231
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the fiscal cliff. this included chris van hollen. also, senators mark warner and bob corker, a republican from tennessee. this is one hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really pu
a stairway to heaven metaphor, and it did not work. when jimmy page and john paul jones and john bob burst onto the musical screen, the world never saw it coming. there was a singer with the me like a lion, a voice like a being she, guitar prodigy who let people's jobs on the floor, equally at home on the keyboards. a drummer who played the dislike depended on it. when they initially kept their distance, led supplicant proud america from opening court. we were ready for what should be called songs with a lot of light and shade. it has been set a generation of young people to buy teenage aids with a pair of headphones and is up when album and the generation of parents wondered what all that noise was about. even now, 32 years after his passing we all appreciate the fact that this that led legacy lives on. the last time the band performed together in 2007, perhaps the last time ever, more than 20 million fans applied for tickets. what they saw were no frills and theatrics, a few guys that could still make ladies we get these huddled together, following the music. these guys redefine the rock
on the state department during a time of fiscal austerity. host: here is a follow-up from senator bob corker who will take over as the ranking republican in the senate foreign relations committee in the 113th congress. [video clip] >> you were fully aware and either you send people there with a security or you send them there. i don't understand why you did not send a notification out, but the cables coming in, with concerns about security, why didn't you do just what you did with this -- seeking additional funds? i did not understand. the appropriations committee has never received from the state department a notification asking to shift funds for security in benghazi. i just want you to tell me why that didn't happen. you do it all the time. it happens almost weekly. >> senator, as you know, we are constantly evaluating our security posture. we are constantly reevaluating where we need funds. and we are constantly by winning the current situation on the ground in all of our countries. as you are well aware, we have risks all over the world and we are constantly evaluating and determining -
other informed. bob dole replaced howard baker as a speaker. he would do things on -- in secret. dole takes over baker as leader. but they kept baker informed. and -- they just work together and kept each other in touch of what the other was great to do. they still opposed each other at times. the did work together. they kept no secrets. >> i always like to talk about byrd and baker. they really did epitomize the great senate and the way things worked at that time. the first two chapters of my book are entitled "the grind" and "the natural." he was a most natural politician you could come across. if senators voted based on secret ballot, baker would have won. they had a remarkable capacity for doing that. there is one incident in my book where i describe senator byrd. senator byrd decides to crush two democrats. it is such an unusual act, it he gets the vice president in the chair and by a script that byrd has written, start ruling them out of order in a way that is quite contrary to the way the senate work. -- the way the senate works. there is a rebellion on the senate floor. everyo
, i had the privilege of being with him. we stopped with bob dole as well. they were on a mountain top, literally as the crow flies, i think it was only two miles on the same day, both mortally wounded in fighting for their country. just above the bridges above custody. because of danny's sense of honor, that is the only thin i can ascribe it to. his loyalty first and foremost to his platoon, to the men he had sworn he would protect. he would do everything in his power to protect them. this is a man who kept fighting on that ridge even after his arm was severed. crying a grenade out of his severed arm and charging the next machine gun nest, taking it out in the process saving his men. he was awarded the medal of honor for incredible bravery. he did not do it because he was brave. he did it because he was loyal. he did it because of a sense of duty. he did it because this was his country. robert could have been talking about danny when he said -- when will the fis fear, when duty throws the gauntlet down to fete, when honor scorns to compromise with the death, that is heroism. in every
will have failure. >> i will turn to the audience -- bob? >> i wanted to respond to the entitlement piece. i am a huge fan of paul ryan. i think the guy -- regardless of if you agree, he puts things out there and things about them. i think on entitlements it is very unfortunate the ryan budget did not do anything in the first 10 years. that created an unfortunate set of expectations. i agree -- $27 trillion of unfunded liabilities down the road. we can make changes right now to the medicare program that is not painful to seniors but painful to politicians. we can begin -- it begins to do the things we need to do. the best thing we can do for our country, the best thing we can do for those people struggling for jobs is to go ahead and do this now, put it in the rearview mirror. the only thing lacking is not intellect but political courage. secondly, we have to have entitlement reform that is real. this is where the money is. on the revenue case -- if you can get two people in the room, we can move beyond red lines as tim was saying and resolve this. among the mass of people on the democratic
bob casey cheers this joint economic committee hearing. it is one hour and 45 minutes. >> the committee will come to order. we want to thank everyone for being here today. i did not have a chance to personally greet our witnesses, but i will have time to do that later. i want to thank both of our witnesses for being here. i will have an opening statement that i will make, and then i will turn it to dr. burgess. i know that vice chairman brady will be her as well. we know the challenges that we confront here in congress on a whole range of issues, which are sometimes broadly described under the umbrella of the terminology, fiscal cliff. when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would d
in herndon is here to talk to us about the consequences for small businesses. bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally my income tax rates will go up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for
to the mid 30s. bob dole in the midst of the anti-immigrant sentiment of the 1990s took it back below 30. george w. bush got it back up to the magic 40% that karl rove thought was the jumping off point for neutralizing all of these questions. so, you know, we're talking about a fairly small margin of voters here. so, if you -- you know, a 10% shift in the latino votes moving 1 million to 1.3 million, you know, the actual -- what the turnout is, we don't really know yet. it's going to take a while. the exit poll numbers are losing credibility as time goes on, but that's -- i don't want to get too -- >> yes. >> you know, geeky with you [laughter] a shift to a million voters, million and a half voters, and romney would have been in the mid 30s in terms of his share, and everybody would have said, "that was a pretty good night for a republican." now, what would have happened in terms of actual states, i knew you were going to ask that -- [laughter] >> and then i want to go down the row, getting everyone. >> it's interesting, because it doesn't -- it would have -- i'll leave it to the pundits
on unemployment insurance that they're no longer employable at all. host: bob receives unemployment insurance. tell us about your situation. caller: i'm a single-earner, and thank god i have made a good living. assuming i could get a job, and nothing against the folks at fast food or nothing like that, but if you were making a minimum amount of money, with my situation, i would be in the street using that job. i could not pay my bills. i am not talking about luxuries. i rent. i would not be able to pay that. thank god unemployment insurance is geared to what you used to make, so that, and by the way, i am in my 60's. it is not easy. without that amount coming in that is based on what i used to make, i would not be able to survive. i would be industry. -- in the street. host: mr. josh bivens, a chance on this one. guest: that points out that unemployment insurance is a form of social insurance. people take lower wages because the employer has to pay tax. they pay into the system while things are going well, and if they hit a rough spot they hit a benefit that somewhat match its previous earnin
Search Results 0 to 9 of about 10